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  • Price cut: $210K (7/2)
    $4,590,000

    2402-2418 Leo Ave, Missoula, MT 59808

    2beds
    2baths
    16,568sqft
    : 
    Multi Family, Apartment
    Built in 2000
    -- sqft lot
    $-- Zestimate®
    $277/sqft
    $-- HOA

    What's special

    Detached garagePrivate laundryOutdoor living space
    This package of nine duplexes (18 total units) in a designated Opportunity Zone offers incredible potential for cash flow and long-term appreciation. Each unit features 2 bedrooms, 1.5 bathrooms, a detached garage, private laundry, and outdoor living space. Three units have been fully remodeled, and all buildings and garages have just been freshly painted, giving the property a clean, updated look. The condo declaration is complete and just needs final sign-off, giving you the freedom to continue operating as a multifamily rental or sell the units individually as condominiums. The highly flexible exit strategy makes this a smart play in any market. Located in a growing, high-demand area of Missoula with convenient access to shopping, schools, and transit, this property has strong tenant appeal and rental upside. Whether you're a buy-and-hold investor looking for steady returns or a developer ready to capitalize on the condo market, this asset checks every box.
    107 days
    on Zillow
    |
    170
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 02, 2025 at 03:26pm

    Listed by:

    Rick Meisinger 406-240-6031,

    ERA Lambros Real Estate Missoula,

    Christopher Funston 406-560-4007,

    ERA Lambros Real Estate Missoula

    Source: MRMLS,MLS#: 30047263MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2402-2418 Leo Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Washer Hookup, Electric Dryer Hookup, In Bathroom, Main Level, In Unit
    Features
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 16,568
    • Total interior livable area: 16,568 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Additional Parking, On Street
    • Garage spaces: 1
    Features
    • Levels: Two
    • Has view: Yes
    • View description: Mountain(s), Residential
    Lot
    • Size: 1.14 Acres
    • Features: Level
    • Topography: Level
    Details
    • Parcel number: 04220017114030000
    • Zoning: Multi-Family
    • Zoning description: RM1-45
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Multi-Level,Tri-Level
    • Property subtype: Multi Family, Apartment
    Materials
    • Wood Siding, Wood Frame
    • Foundation: Poured
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2000

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Available

    Community & HOA

    Location
    • Region: Missoula

    Financial & listing details

    • Price per square foot: $277/sqft
    • Annual tax amount: $36,826
    • Date on market: 4/25/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt
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